Shopee parent Sea jumps as Q3 revenue comes ahead of expectations

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Sea Ltd. (SE) PT Raised to $131 at Morgan Stanley

November 13, 2024 9:25 AM EST

Morgan Stanley analyst Divya Gangahar Kothiyal raised the price target on Sea Ltd. (NYSE: SE) to $131.00 (from $105.00) while maintaining a Overweight rating.

The analyst comments "3Q results were solid. Key positives were strong revenue growth, EBITDA break-even in EC (including Brazil), and sustained... More

Sea Ltd. (SE) PT Raised to $131 at Barclays

November 13, 2024 6:11 AM EST

Barclays analyst Jiong Shao raised the price target on Sea Ltd. (NYSE: SE) to $131.00 (from $94.00) while maintaining a Overweight rating.

The analyst comments "Summary: 3Q Shopee GMV growth of 25% yoy (higher in CC) was better than expected. The company, as promised, delivered positive EBITDA of... More